How this one stock could ultimately be responsible for killing the bull market

Stocks have rallied this week thanks to Fed Chairman Jerome Powell’s signalling a likely interest-rate cut later in the month. The Dow Jones Industrial Average DJIA, +0.85% S&P 500 SPX, +0.23% and Nasdaq COMP, -0.08% have all broken into record territory.

“I am concerned the market is underestimating just how bad things could go for Boeing,” he warned in his morning note on Wednesday. “When it does, the whole equity market will knee-jerk aggressively, triggering pain across all stocks.” “That’s pretty stable for a company that could be in serious trouble from a host of demand issues regulation, legal , cash, a loss of confidence, and a growing perceptions the company lost sight of safety in search of profit,” Blain explained.

The bears need to get busy to bring down the market by 2020!

Fear Marketing...

The Dow is a nonsense index.

No.

Boeing should convert all 737 Max jets into cargo aircraft and all future passenger jets should be 100% automated. Allowing pilots to fly passenger planes has become too risky for Boeing.

This could be how the next crash starts.

Poor fool thinks there is a market, rather than a front organisation for FearDept

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مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

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مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »